Industry News

Deutsche Bank on China NEV sales: Secular shift intact despite weak consumer sentiment

Edison Yu's team expects China NEV sales momentum to pick up in November and December, when a host of new models should drive sales to new highs and NEV subsidies are poised to exit.

RoboSense flexes muscles at Tech Day, unveils new solid-state LiDAR and dedicated lab for testing

RoboSense unveiled the product called RS-LiDAR-E1, its first all-solid-state LiDAR, becoming another player in the field.

China Oct wholesale sales of passenger NEVs flat from Sept, CPCA data show

The release of year-end automotive consumer demand is at risk and uncertain due to the recent rebound of the Covid outbreak in China, which has impacted auto showroom traffic and order patterns, the CPCA said.

Geely's Geometry brand launches two new models equipped with Huawei HarmonyOS

Geometry's two models, the G6 and M6, were officially launched with a price range of RMB 149,800 to RMB 186,800 after subsidies.

Nvidia offers A800 chip for Chinese customers as alternative to A100, report says

Nvidia said Monday it will launch the A800 chip in China, which complies with recent US export control regulations.

One in six EVs sold in Europe will be made by Chinese makers by 2025, Fitch Solutions says

Chinese cars are affordable, while Western manufacturers can't offer enough electric vehicles, Fitch Solutions said.

Guangzhou auto show postponed amid Covid concerns

In the meantime, the Tianjin auto show will be held from November 10 to November 15 as planned.

US audit officials complete 1st round of on-site inspections of Chinese firms ahead of schedule, report says

US audit inspectors completed the first round of on-site inspections of Chinese companies ahead of schedule, signaling progress in the process of preventing the delisting of shares of US-listed Chinese companies, Bloomberg reported.

GAC Aion unveils its 3rd-gen EV platform AEP 3.0

The first model based on the platform will be the previously announced Hyper SSR all-electric supercar, which will begin deliveries in October 2023.

China's passenger NEV wholesale sales at 680,000 units in Oct, CPCA estimates show

Sales in China's new energy passenger car market were muted in October, with leading manufacturers struggling to maintain growth, the CPCA said.
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